Landry's Restaurant Inc. said Monday its chairman, Tilman J. Fertitta, had increased his offer to take the company private and won the support of a crucial hedge-fund shareholder that had opposed the deal. Fertitta, who has made several attempts over the past two years to purchase the Houston-based company, raised his offer to $24.50 per share, a 50-cent increase from his last offer in May. The transaction is now valued at about $1.4 billion, Landry's said. Landry's shares closed Monday at ...
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